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December 22, 2024

Is the Fed Stealing the Christmas Rally?

Many investors are now questioning if the hope for a holiday market rally has dimmed. The prevailing sentiment indicates that the Fed may no longer maintain its previous belief that inflation will revert to the target rate of 2% next year. This shift signals caution among market participants. Recent technical indicators, such as the MACD sell signal, suggest that investors should be wary of an impending downturn. The market might react sharply to any sudden economic news. Keep your strategies sharp to navigate this unpredictable landscape.

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